South African tycoon Michiel Le Roux gains $70.1 million from Capitec Bank
Le Roux presently owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
Le Roux presently owns an 11.39-percent stake in Capitec Bank. This stake makes him one of the richest men on the continent.
This surge in his fortune reaffirms his position among South Africa’s billionaires — firmly establishing his presence within the ranks of the continent’s financial elite.
This significant increase in Du Plessis’s stake solidifies his position among the wealthiest investors on the Johannesburg Stock Exchange.
Mouton’s strategic investments and visionary entrepreneurship as a co-founder of Capitec Bank have had a profound effect on the South African economy.
Fourie, the retail bank’s CEO, owns a 0.89-percent stake in Capitec Bank, or 1,027,673 ordinary shares.
Mouton is renowned for co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen.
Since Capitec was founded 20 years ago by du Plessis, South African billionaire Michiel Le Roux, and leading businessmen Jannie Mouton and Riaan Stassen.
Du Plessis, a prominent South African businessman and co-founder of Capitec Bank, owns a beneficial 0.78-percent stake in the leading retail bank.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank.
Du Plessis, a prominent South African businessman, owns a beneficial 0.78-percent stake in Capitec Bank.
Mouton owns a 5.11-percent stake in Capitec Bank, equivalent to 6,034,518 shares, through his Jf Mouton Familietrust.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank, or 1,027,673 ordinary shares.
Le Roux holds an 11.39-percent stake in Capitec Bank, or 13,190,043 shares.
Jannie Mouton is renowned for Co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen. He presently owns a 5.11-percent stake in Capitec Bank
Le Roux holds an 11.39-percent stake in Capitec Bank.
Mouton’s rise from corporate corridors to billionaire status epitomizes visionary entrepreneurship and leadership.